Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 21, 2016 |
signed chap.163 |
Jul 13, 2016 |
delivered to governor |
Jun 17, 2016 |
returned to assembly passed senate 3rd reading cal.2000 substituted for s7413a |
Jun 16, 2016 |
referred to rules delivered to senate passed assembly ordered to third reading rules cal.473 rules report cal.473 reported |
Jun 15, 2016 |
reported referred to rules reported referred to ways and means |
Jun 10, 2016 |
referred to housing |
Assembly Bill A10668
Signed By Governor2015-2016 Legislative Session
Sponsored By
GJONAJ
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Keith L.T. Wright
2015-A10668 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7413
- Law Section:
- Private Housing Finance Law
- Laws Affected:
- Amd §47, Priv Hous Fin L; amd §2407, Pub Auth L
2015-A10668 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10668 I N A S S E M B L Y June 10, 2016 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Gjonaj, Wright) -- read once and referred to the Committee on Housing AN ACT to amend the private housing finance law and the public authori- ties law, in relation to providing an increase in bond and note authorization THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 1 of section 47 of the private housing finance law, as amended by chapter 85 of the laws of 2015, is amended to read as follows: (c) The agency shall not issue bonds and notes other than state university construction bonds and state university construction notes, hospital and nursing home project bonds and hospital and nursing home project notes, health facilities bonds and health facilities notes, youth facilities project bonds and youth facilities project notes, community mental health services and mental retardation services project bonds and community mental health services and mental retardation services project notes, community senior citizens services project notes or community senior citizens services project bonds and mental hygiene improvement bonds and mental hygiene improvement notes and bonds and notes for the housing program for any of its corporate purposes in an aggregate principal amount exceeding [twenty-one] TWENTY-FOUR billion [seven] TWO hundred eighty million dollars, excluding bonds and notes issued to refund outstanding bonds and notes. S2. Subdivision 2 of section 2407 of the public authorities law, as amended by chapter 85 of the laws of 2015, is amended to read as follows: (2) In connection with the issuance of bonds for the purpose of furthering programs described in this title, the agency is authorized to covenant and consent that the interest on any of its bonds, notes or other obligations shall be includable, under the United States Internal Revenue Code of 1986, as amended or any subsequent corresponding inter- nal revenue law of the United States, in the gross income of the holders of the bonds to the same extent and in the same manner that the interest EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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